Buzzline

News Without Noise

Author Info

StockLens

Find Me On

Trending News

Tag: software companies

Ex-RBI governor Raghuram Rajan says AI will disrupt India’s services sector, but large-scale displacement unlikely

Buzz line06 mins

Artificial intelligence will disrupt India’s services sector, particularly the software companies, but fears of a doomsday scenario are exaggerated, former Reserve Bank of India Governor Raghuram Rajan said on Friday, playing down concerns of a large-scale jobs crisis due to rapid technological advancement. Speaking in an interview with Bloomberg Television, he acknowledged that AI poses…

Read More

US software stocks surge as Anthropic announces plug-ins to aid investment banking, wealth management and HR tasks

Buzz line03 mins

Shares of US software companies that announced partnerships with Anthropic surged on Tuesday, helping to lift the broader tech sector. The rebound comes after software stocks had been under pressure, as investors worried that rapid advances in AI could disrupt traditional business models. AI startup Anthropic said it was developing new tools, the so-called “plug-ins”,…

Read More

AI agents and the software meltdown

Buzz line09 mins

They are both part of the same story, just about the only story in tech: artificial intelligence, and the rise of autonomous agents. Semiconductor stocks that are connected to AI data centers are the center of the bullish action, with no signs of the investment train slowing down. In the past few weeks, Amazon.com projected…

Read More